BLM FIELD OFFICE

Tenant

Bureau of Land Management

Location

Redding, CA

Price

Unstated

CAP Rate

Unstated

Lease Term

19.5 Years Remaining

Occupancy

100%

Building Size

16,242 SQ FT

Property Type

Office

Year Built

2016

Lot Size

3.28 Acres

Status

Sold

RECORD PRICE
Lowest historical cap for GSA-leased property

PROCURED 1031 EXCHANGE BUYER

NEW 20-YEAR FIRM LEASE TERM

2016 BUILD-TO-SUIT FOR BUREAU OF LAND MANAGEMENT

BLM NORTHERN CALIFORNIA DISTRICT OFFICE
Major area of responsibility

RARE GSA-LEASED INVESTMENT IN CALIFORNIA

The Bureau of Land Management Redding Field Office is a 16,242 square foot, 2016 build-to-suit facility which serves as both the local Field Office for BLM as well as the Northern California District Office, overseeing a major area of responsibility.